NYSE$BALL
Ball Corp · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Ball Corporation reported strong third quarter results driven by comparable earnings per share and strategic acquisitions.
Ball Corporation reported third quarter 2024 net earnings attributable to the corporation of $197 million, or total diluted earnings per share of 65 cents, on sales of $3.08 billion. The company delivered strong third quarter results and have returned $1.25 billion to shareholders in the first nine months of 2024.
- Third quarter U.S. GAAP total diluted earnings per share of 65 cents vs. 64 cents in 2023
- Third quarter comparable diluted earnings per share of 91 cents vs. 83 cents in 2023
- Returned $1.25 billion to shareholders via share repurchases and dividends in the first nine months of 2024; on track to return in excess of $1.6 billion to shareholders by year-end
- In late-October, completed acquisition of Alucan Entec, S.A., a European impact extruded aluminum packaging business
Headline financials
Revenue & EPS history
Ball · Revenue · Quarterly
$3.08B
Revenue by segment
Ball · $3.11B total across 4 segments · Q3 2023
- Beverage Pkg NCA$1.54B-14.4%49.5%
- Beverage Pkg EMEA$902M-12.5%29.0%
- Beverage Pkg South Am$489M+4.9%15.7%
- Other$179M—5.8%
Forward guidance
Ball Corporation is performing well and on track to deliver or exceed against stated comparable earnings growth goal and on target to return in excess of $1.6 billion to shareholders in 2024.
Tailwinds
- Company is performing well and on track to deliver or exceed against stated comparable earnings growth goal
- Company is on target to return in excess of $1.6 billion to shareholders in 2024
- Company's strong free cash flow will allow it to return significant value to shareholders
- Company will prudently invest in its business over the years to come
- Global team is focused on executing enterprise-wide strategy with purpose and pace to advance aluminum packaging and to consistently deliver high-quality results, products and returns
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2024
+0.2%
Avg return
Earnings day
-0.6%
Avg return
5 days after
+0.8%
Avg return
30 days after
56%
38 / 68 earnings
Positive
+12.1%
Q1 2023
Best reaction
-22.6%
Q2 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +2.1% | -3.9% | -14.3% | |
| Q4 2025 | +8.0% | +17.3% | +11.5% | |
| Q3 2025 | +1.6% | +4.0% | +3.7% | |
| Q1 2025 | -0.4% | +0.5% | +3.2% | |
| Q4 2024 | -6.9% | -9.4% | -6.3% | |
| Q3 2024 | -8.1% | -6.6% | -3.2% | |
| Q2 2024 | +1.5% | -0.8% | -0.0% | |
| Q1 2024 | +8.1% | +4.3% | +5.2% | |
| Q4 2023 | +7.3% | +3.2% | +15.9% | |
| Q3 2023 | +7.7% | +5.4% | +18.5% | |
| Q2 2023 | +1.3% | -1.4% | -3.8% | |
| Q1 2023 | +12.1% | +9.1% | +4.2% | |
| Q4 2022 | +0.9% | -1.4% | -2.3% | |
| Q3 2022 | +6.3% | +5.6% | +16.6% | |
| Q2 2022 | -22.6% | -24.6% | -23.3% | |
| Q1 2022 | -13.6% | -17.0% | -11.6% | |
| Q4 2021 | -1.0% | -1.3% | +1.3% | |
| Q3 2021 | -3.9% | -3.0% | -0.9% | |
| Q2 2021 | +7.9% | +12.4% | +23.2% | |
| Q1 2021 | +2.1% | +2.8% | +10.8% | |
| Q4 2020 | +0.2% | -2.3% | -9.9% | |
| Q3 2020 | +3.6% | +0.9% | +0.1% | |
| Q2 2020 | +0.7% | -1.5% | +9.9% | |
| Q1 2020 | -2.8% | -5.8% | -0.6% | |
| Q4 2019 | -1.8% | -2.1% | -29.7% | |
| Q3 2019 | -4.9% | -4.7% | -5.6% | |
| Q2 2019 | -2.0% | +0.7% | +7.6% | |
| Q1 2019 | +0.9% | +0.4% | +3.6% | |
| Q4 2018 | +0.7% | +1.9% | +6.4% | |
| Q3 2018 | -0.4% | +2.6% | +3.1% | |
| Q2 2018 | +2.3% | +2.3% | +3.3% | |
| Q1 2018 | -2.1% | +1.4% | +1.0% | |
| Q4 2017 | -1.4% | +1.5% | -0.6% | |
| Q3 2017 | -1.7% | -4.2% | -2.3% | |
| Q2 2017 | -2.5% | -1.1% | -2.0% | |
| Q1 2017 | -0.4% | -1.3% | +4.4% | |
| Q4 2016 | -1.6% | -3.6% | -1.0% | |
| Q3 2016 | -0.0% | -3.4% | -3.2% | |
| Q2 2016 | +0.2% | -0.4% | -3.4% | |
| Q1 2016 | +1.0% | — | — | |
| Q4 2015 | +3.0% | — | — | |
| Q3 2015 | +4.3% | — | — | |
| Q2 2015 | -3.2% | — | — | |
| Q1 2015 | -0.8% | — | — | |
| Q4 2014 | -0.1% | — | — | |
| Q3 2014 | -0.8% | — | — | |
| Q2 2014 | +0.9% | — | — | |
| Q1 2014 | +2.0% | — | — | |
| Q4 2013 | -0.4% | — | — | |
| Q3 2013 | +0.1% | — | — | |
| Q2 2013 | -3.4% | — | — | |
| Q1 2013 | -0.6% | — | — | |
| Q4 2012 | -1.4% | — | — | |
| Q3 2012 | +0.4% | — | — | |
| Q2 2012 | +4.2% | — | — | |
| Q1 2012 | +0.5% | — | — | |
| Q4 2011 | -0.9% | — | — | |
| Q3 2011 | +1.8% | — | — | |
| Q1 2010 | +1.8% | — | — | |
| Q2 2011 | +3.9% | — | — | |
| Q1 2011 | +0.9% | — | — | |
| Q4 2010 | -1.3% | — | — | |
| Q4 2008 | -1.3% | — | — | |
| Q3 2010 | +2.5% | — | — | |
| Q3 2009 | +2.5% | — | — | |
| Q2 2009 | +0.2% | — | — | |
| Q2 2010 | +0.2% | — | — | |
| Q4 2009 | +0.2% | — | — |
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